Archive for October 16th, 2020

Ledger’s recent security audit was unconnected to their data breach in June

October 16, 2020 | By | Reply | 7 Readers More
Ledger’s recent security audit was unconnected to their data breach in June

Popular hardware wallet company Ledger recently announced that they had passed a notable security evaluation, known as SOC 2 Type 1. This certification came following a significant data breach the company suffered in June. Ledger did not, however, decide to conduct its security audit because of the breach, according to comments from a Ledger representative.  […]

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Global Marketing Head At Coinbase Exits The Company

October 16, 2020 | By | Reply | 7 Readers More
Global Marketing Head At Coinbase Exits The Company

Coinbase employees are leaving the company following their recent policy, with the latest to leave being the company’s global head of marketing The Global Marketing Head at Coinbase, John Russ, has now left the cryptocurrency exchange as more staff at the company leave in a mass exodus. Russ tweeted about his decision on October 14, […]

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How DeFi Prediction Market Space Is Getting Disrupted

October 16, 2020 | By | Reply | 7 Readers More
How DeFi Prediction Market Space Is Getting Disrupted

Once again the crypto market is bouncing back stronger after a little bit of pullback in the month of September following the uncertainties and irregularities of the upcoming American election. This month, the market seems to find its direction upwards as the bulls are raging and gaining momentum by the day. Yet again, the DeFi […]

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KuCoin postpones launch of Filecoin futures amidst user frustration

October 16, 2020 | By | Reply | 7 Readers More
KuCoin postpones launch of Filecoin futures amidst user frustration

In an announcement earlier today, KuCoin postponed the launch of Filecoin perpetual futures that was scheduled for 16:00:00 (UTC+8). A statement released earlier by Kucoin stated,   “Due to the large fluctuations in the market, the Filecoin (FIL) perpetual futures scheduled to be launched at 16:00:00 on October 16, 2020 (UTC+8) will be postponed. The revised launch time […]

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Alchemy Reveals its Ethereum Gas Price Notification Tool

October 16, 2020 | By | Reply | 8 Readers More
Alchemy Reveals its Ethereum Gas Price Notification Tool

Source: Adobe/deagreez There is a new tool out that notifies its users when the Ethereum (ETH) gas falls within the set price range. Blockchain developer platform Alchemy has announced their new tool called Gas Price Notifications, which “developers can use to alert their users when gas price is optimal for sending transactions,” the team behind […]

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TD Buy Trigger Could Cause XRP To Rip Against Bitcoin

October 16, 2020 | By | Reply | 9 Readers More
TD Buy Trigger Could Cause XRP To Rip Against Bitcoin

Bitcoin has recently been picking up steam, stealing some of the capital and thunder from the DeFi trend and Ethereum. XRP, however, continues to lag behind both top crypto assets and linger sideways. According to the Bitcoin trading pair, however, Ripple could soon rip against the leading cryptocurrency by market cap and catch up against […]

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New York polls crypto firms on security measures after Twitter hack

October 16, 2020 | By | Reply | 8 Readers More
New York polls crypto firms on security measures after Twitter hack

The New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC).  Far beyond the immediate material impact, the NYDFS states that the incident exposed deep cybersecurity weaknesses of a publicly-traded social media company valued […]

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Despite Negative News, Bitcoin Only $1K Away From 2020 High: The Weekly Crypto Update

October 16, 2020 | By | Reply | 7 Readers More
Despite Negative News, Bitcoin Only $1K Away From 2020 High: The Weekly Crypto Update

Another week passed on the cryptocurrency market, and it surely wasn’t a boring one. The cryptocurrency started off strong, causing many to believe that it might finally breach the coveted $12,000 mark. However, the excitement was short-lived because, just today, news broke out that the founder of OKEx, one of the primary cryptocurrency exchanges, has […]

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Crypto Price Analysis & Overview October 16th: Bitcoin, Ethereum, Ripple, Waves, and Ren

October 16, 2020 | By | Reply | 8 Readers More
Crypto Price Analysis & Overview October 16th: Bitcoin, Ethereum, Ripple, Waves, and Ren

Bitcoin Bitcoin saw a 4.3% price surge over the past seven days. The cryptocurrency was trading slightly above $11,000 last Friday as it started to push higher. Throughout the week, it managed to spike as high as $11,730 (1.414 Fib extension) but was never able to close a daily candle above resistance at $11,537 (provided […]

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As Founder Reportedly Arrested, OKEx Holds $2.3 Billion in Bitcoin

October 16, 2020 | By | Reply | 7 Readers More
As Founder Reportedly Arrested, OKEx Holds $2.3 Billion in Bitcoin

A few hours ago, global cryptocurrency exchange giant OKEx halted withdrawals much to the chagrin of traders and investors. Bitcoin prices fell as a response to additional reports of founder Xu Mingxing being arrested over a week ago. However, what should be more concerning is the amount of BTC held by the exchange’s wallets. Data […]

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